601-603 2nd Avenue
Property Description
Most investors will walk right past this one. Smart money won't. 4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it. Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in. The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare. Done buying other people's equity? Let's create yours.
Broker Details
Real Broker, LLC (855) 450-0442
MLS ID: 34810 State License Number: 10401373295
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $399,000 |
| No. of Units: | 6 |
| Year Built: | 1911 |
| Lot Size: | 5,145.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $66,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 4 |
ID: 3yd-CRMLSNY-202623843
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